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the concern is that if congress fails to act on the debt ceiling, the national economy could dip and that could likely have and i affect on california's budget numbers. >> the risk to our forecast numbers could come next month and that's what the federal government chooses to do or not to do regarding the debt ceiling. >> the budget released by governor jerry brown showed a budget surplus for the first time in many years. >>> right now it is 4:44 let's check in with sal on an early morning report on traffic. >>> good morning everybody, it is chilly, let's take a look at traffic on 880 westbound as you head to the mcarthur maze. if you are driving there, it is cold but visibility is good if you could think of the silverling. for most of the area, the bay bridge toll plaza looks good. if you are driving in downtown san jose it looks nice. 4:45 let's go to steve. >>> another cold one out there, i tell you this is a long stretch, 1990, 1997 and we had some very cold weather. it is really only two days. cold frosty conditions, there is frost and freeze warning out overnight lows anywhere
the concern is that if congress fails to act on the debt ceiling, the national economy could dip and that could likely have and i affect on california's budget numbers. >> the risk to our forecast numbers could come next month and that's what the federal government chooses to do or not to do regarding the debt ceiling. >> the budget released by governor jerry brown showed a budget surplus for the first time in many years. >>> right now it is 4:44 let's check in with sal on...
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Jan 15, 2013
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this debt ceiling battle in washington and if congress does not act on the debt ceiling, the national economy could fall and that would have a negative affect on california's budget numbers. they revealed a budget surplus in many years and that's thanks to a new tax revenue from proposition 30 as well as spending cuts. >>> the social media is buzzing about a possible announcement by facebook. janine de la vega joins us now from menlo park with more on a mystery event that is going to take place in just a few hours, good morning. >> reporter: good morning pam, we did see several news vehicles and as the morning goes on the area is expected to fill up and that's because at 10:00 a.m. facebook is anticipating a news conference to unveil something. we don't know what that something is just yet but they say come see what we are building. most people agree they are not talking about an actual building even though they are expanding their campus. some analysts are shooting down the idea of a phone because mark zuckerberg said a phone does not make sense. facebook is his top pry yourty and -- priorit
this debt ceiling battle in washington and if congress does not act on the debt ceiling, the national economy could fall and that would have a negative affect on california's budget numbers. they revealed a budget surplus in many years and that's thanks to a new tax revenue from proposition 30 as well as spending cuts. >>> the social media is buzzing about a possible announcement by facebook. janine de la vega joins us now from menlo park with more on a mystery event that is going to...
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Jan 15, 2013
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in a news conference yesterday the president said congress needs to act fast to avoid hurting the economy. without a deal, the treasury secretary timothy geithner warns that the nation could run out of money as soon as mid- february. that's sooner than originally estimated. >>> it's a different budget situation for california. the legislature's nonpartisan budget analyst agrees with the governor. after years of multi-billion- dollar deficits, california's budget is balanced. increased tax revenues are credited for balancing our budget. >>> well, if you haven't gotten the flu yet, you probably know someone who has. so far, california has not been hit as hard as the rest of the country. but doctors say that could change. cbs 5 reporter kiet do found out the best way to protect yourself is in short supply. >>> reporter: despite signs beckoning customers inside for a flu shot, nearly all cvs pharmacies in the bay area have run out. from san francisco to san jose, redwood city to union city, the nation's largest pharmacy could not keep up with local demand. after calling nearly every, single c
in a news conference yesterday the president said congress needs to act fast to avoid hurting the economy. without a deal, the treasury secretary timothy geithner warns that the nation could run out of money as soon as mid- february. that's sooner than originally estimated. >>> it's a different budget situation for california. the legislature's nonpartisan budget analyst agrees with the governor. after years of multi-billion- dollar deficits, california's budget is balanced. increased...
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Jan 15, 2013
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economy. the government will run out of tools to avoid defaulting on debt sometime in late february or early march. that would mean social security and other government benefit checks would stop going out. fed chairman ben bernanke is joining the cause saying the economy isn't out of the woods just yet from fiscal threats. back to you. >> thank you very much, seema. >>> let's check in with meteorologist christina loren as we kind of adjust the shot. >> everyone come in. lean in. i'm the queen. you'll have to do something to stay warm out there this morning. lean back if that's what it takes. 4:47. it is cold out there this morning. you're going to need all the winter gear you have in your closet. you could wear the snowboarding gear to work this morning if you wanted to. stay warm. i definitely brought my board and jacket in this morning. it's frigid out there. this is the last morning we expect the mid 20s. tomorrow we'll see more upper 20s and low 30s. this morning it is very cold. even cold
economy. the government will run out of tools to avoid defaulting on debt sometime in late february or early march. that would mean social security and other government benefit checks would stop going out. fed chairman ben bernanke is joining the cause saying the economy isn't out of the woods just yet from fiscal threats. back to you. >> thank you very much, seema. >>> let's check in with meteorologist christina loren as we kind of adjust the shot. >> everyone come in....
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the concern is that if congress doesn't act on the debt ceiling, the national economy could dip and that would likely have a negative effect on california's budget numbers. push >> the biggest risk to our forecast or the analysts' forecasts could come next month and that's from washington, d.c. >> the 2013 budget release by governor brown showed a surplus for the first time in many years and that was thanks to new tax revenue from proposition 30 as well as spending cuts. >>> oakland police investigating a shooting that seriously injured one man. it happened about 8:00 last night on crest avenue. neighbors say they heard about 30 rounds from what sounded likes an automatic assault rifle. the victim ran. he was taken to the hospital in critical but stable condition. so far no arrests have been made. >>> well, oakland's police chief and the mayor, they are working now to stop the surge in violence. 11 people were wounded in shootings over the weekend, six people have been killed so far this year. the police are blaming a lot of the violence on a feud between rival gangs. it started when a y
the concern is that if congress doesn't act on the debt ceiling, the national economy could dip and that would likely have a negative effect on california's budget numbers. push >> the biggest risk to our forecast or the analysts' forecasts could come next month and that's from washington, d.c. >> the 2013 budget release by governor brown showed a surplus for the first time in many years and that was thanks to new tax revenue from proposition 30 as well as spending cuts....
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Jan 18, 2013
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this sunday on "press: here" we'll examine what robots mean for the world economy. we sent factory jobs overseas. those jobs could come back to america and made by robots. one of the world's experts on technology and manufacturing from m.i.t. will be my guest this week. this could be a game changer in world politics. for about the last ten years we've been giving developing economies like china and india a taste of capitalism and growing standard of living. we're this close to taking the jobs away. the moment robots become cheaper to operate than people, what will happen with china when all those people lost their jobs? they're our biggest bank. i understand that we do have nbc. let's check in with whoever it is this morning. seema mody. good morning. >> it's me. hello. good morning. futures are mixed this morning after markets overseas specifically in japan rallied overnight. the nikkei moving higher after they said remarks on the yen were misinterpreted. intel reported disappointed earnings last night. stocks rose thursday on numbers with unemployment and housing
this sunday on "press: here" we'll examine what robots mean for the world economy. we sent factory jobs overseas. those jobs could come back to america and made by robots. one of the world's experts on technology and manufacturing from m.i.t. will be my guest this week. this could be a game changer in world politics. for about the last ten years we've been giving developing economies like china and india a taste of capitalism and growing standard of living. we're this close to taking...
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Jan 18, 2013
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asian stocks rallied on news that china's economy grew at nearly 8% in the 4th quarter. tokyo's nikkei shot up nearly 3% while hong kong's hang seng added 1%. >>> wall street stocks finished higher yesterday due in part to falling jobless claims and better-than-expected housing starts. the dow was up 84 points on thursday while the nasdaq rose 18 points. >>> and american airlines has a new look. the red, white and blue stripes along the fuselage are gone. now american planes will be all silver and sport a new logo, red and blue horizontal bars on the tail. american said after 40iers it was time to update its look. the airline says within five years, all of its planes will be switched over to the new look. definitely a more sleek look for them. >> do you like it? >> reporter: i'm not good for change. >> i think it looks better. >> wonder who has to pay for it. the passengers. >> reporter: that's a question on everyone's mind right now i think. >> speaking of change, apparently atms are going to be changing. >> reporter: yes. chase and pnc bank are switching to atms that w
asian stocks rallied on news that china's economy grew at nearly 8% in the 4th quarter. tokyo's nikkei shot up nearly 3% while hong kong's hang seng added 1%. >>> wall street stocks finished higher yesterday due in part to falling jobless claims and better-than-expected housing starts. the dow was up 84 points on thursday while the nasdaq rose 18 points. >>> and american airlines has a new look. the red, white and blue stripes along the fuselage are gone. now american planes...
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. >> reporter: he said if washington fails to act on the debt creel, the national economy could dip, throwing all of the numbers off. >> that's going to have a very significant effect on revenues in california. >> reporter: the govern's budget that was released last thursday will be revised or updated in may. that is when we will truly know if our surplus plus has grown with the economy, or if it has dropped. >>> it doesn't look like survivors who filed lawsuits against pg & e are for the deadly san bruno explosion will go to trial. during a hearing in san mateo county superior court today, attorneys said they have come up with a process that should take about 90 days to settle the remaining legal claims. about 320 residents filed suit, and so far mediation efforts have netted settlements for some 120 plaintiff. >>> family members and politicians are calling for more resources to prevent military suicide as the number of suicides last year surged. numbers obtained from the pentagon show there were 349 suicides by service men and women in 2012. that's almost one a day, and also 48 mor
. >> reporter: he said if washington fails to act on the debt creel, the national economy could dip, throwing all of the numbers off. >> that's going to have a very significant effect on revenues in california. >> reporter: the govern's budget that was released last thursday will be revised or updated in may. that is when we will truly know if our surplus plus has grown with the economy, or if it has dropped. >>> it doesn't look like survivors who filed lawsuits...
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Jan 19, 2013
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boxer said gun safety and the economy are front burner issues, but she'd like to see action on two other issues she believes are especially critical to california, climate change and immigration reform. >>> hundreds of thousands of people are expected in the nation's capital monday for president obama's inauguration. coming up the rush for tickets and the distance some people traveled to be part of history. >>> undergraduate applications to the university of california's nine campuses have taken a big jump this year. nearly 175,000 high school seniors and transfer students have applied for admission next fall, an increase of 8.6% from last year partly driven by a surge in applications from outside california. >>> the tsa is changing the kind of full body scanners used at san jose and oakland airports. it's going to stop using the scanners that show an image that looks like a naked body in the coming months and switch to a different brand that produces a generic image like an avatar. sfo uses the avatar type full body scanners. the naked body types generated numerous complaints about inva
boxer said gun safety and the economy are front burner issues, but she'd like to see action on two other issues she believes are especially critical to california, climate change and immigration reform. >>> hundreds of thousands of people are expected in the nation's capital monday for president obama's inauguration. coming up the rush for tickets and the distance some people traveled to be part of history. >>> undergraduate applications to the university of california's nine...
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Jan 23, 2013
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no word yet if the senate armed services economy will reconsider his nomination. >>> ever snapped a picture of your dinner? the move at some restaurants now to ban cameras. >> also a south bay community overwhelmed by deer. the plan to deal with a population problem that has some people raising a red flag. >> how sibling rival -- rivalry such as the harbaugh brothers can fuel success on the field and off. >>> residents of a san jose retirement committee say they are being overrun by deer. deer have lived in the community for so long they've lost their fear of humans. besides causing thousands of dollars of damage to the landscape each year, some say the tier are a threat to pets and also drivers. now ao wildlife management company plans to start sterilizing the females after shooting them with tranquilizer guns. but critics of the plan say that could be dangerous for the deer. >> it's very stressful for the animals. they've been known to die from the stress of being tranquilized. >> the sterilelyization effort is set to begin this weekend. the plan also calls for 30 deer to be relocated out
no word yet if the senate armed services economy will reconsider his nomination. >>> ever snapped a picture of your dinner? the move at some restaurants now to ban cameras. >> also a south bay community overwhelmed by deer. the plan to deal with a population problem that has some people raising a red flag. >> how sibling rival -- rivalry such as the harbaugh brothers can fuel success on the field and off. >>> residents of a san jose retirement committee say they...
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Jan 22, 2013
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i mean, right now, healthcare is certainly his legacy, where the economy goes will depend on how he's viewed in the long- term, too. >> reporter: thank you. nice to see you. appreciate it. you can find a link to jamie's blog at ktvu.com. i just spoke to darrell steinberg, mup in my next report, his special issue he's pushing during his visit and how the nation's capital has a different view of california than it did four years ago. reporting live in washington, d.c., i'm tori campbell, ktvu channel 2 news. >>> some people in san francisco watched a live broadcast of the inaugural celebration at the bayview operahouse. people from the neighborhood and other parts of the bay area gathered to watch president obama's speech. one woman said the president's re-election gives her hope for the future. >> i know there's hope. i mean there's hope. there's gonna be a change coming. and i -- i have faith it will be better for us. i mean, you know, i'm not just saying -- i'm talking about the whole country is gonna be better. >> people who attended the viewing said they came to celebrate the inaug
i mean, right now, healthcare is certainly his legacy, where the economy goes will depend on how he's viewed in the long- term, too. >> reporter: thank you. nice to see you. appreciate it. you can find a link to jamie's blog at ktvu.com. i just spoke to darrell steinberg, mup in my next report, his special issue he's pushing during his visit and how the nation's capital has a different view of california than it did four years ago. reporting live in washington, d.c., i'm tori campbell,...
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. >> reporter: if washington fails to act on the debt ceiling the national economy could -- [no audio] >> reporter: because of the potential risks to our state budget that is one reason they say they want to create that $1 billion reserve and where the budget stands, that will be better known in may when we will know if the surplus has grown. ken pritchett, ktvu channel 2 news. >>> 49er fans are looking forward to a huge game this weekend. if they win they will go to their 6th super bowl. saturday night the 9ers destroyed the packers and a lot of fans are confident they will do well against the falcons. the championship game is sunday in the georgia dome and fans are optimistic even though the last time the 49ers won a road plaintiff game was 24 years ago. >> it is exciting wherever they win. there, here, no matter what it is still great. >> 49ers gear is selling fast. we checked with sf sports in san francisco, they say they are completely sold out of colin kaepernick jerseys. ktvu channel 2 news will have coverage of the championship game on sunday at 9:30 a.m. with championship pla
. >> reporter: if washington fails to act on the debt ceiling the national economy could -- [no audio] >> reporter: because of the potential risks to our state budget that is one reason they say they want to create that $1 billion reserve and where the budget stands, that will be better known in may when we will know if the surplus has grown. ken pritchett, ktvu channel 2 news. >>> 49er fans are looking forward to a huge game this weekend. if they win they will go to their...
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economy including hiring veterans. they plan on hiring veterans, buying $50 billion worth of american made goods and helping part time workers transition into full time positions. >> facebook made its big announcement today and it wasn't quite as big as some people had hoped. robert handa is telling us about the new feature. >> reporter: the announcement there would be an announcement got the attention of literally the world today. the actual announcement here generated mixed feelings. news agencies from around the world came to facebook's mystery announcement today. founder and ceo mark zuckerberg unveiled graph search that will allow users to search the social network's database through their own friends post and help members zero in on other members who share interests. >> before having tools like this that was really just one half of the equation. people are going to have the ability to make these new connections. it's a new thing. >> reporter: tech analyst says it could help facebook and attract crucial advertisin
economy including hiring veterans. they plan on hiring veterans, buying $50 billion worth of american made goods and helping part time workers transition into full time positions. >> facebook made its big announcement today and it wasn't quite as big as some people had hoped. robert handa is telling us about the new feature. >> reporter: the announcement there would be an announcement got the attention of literally the world today. the actual announcement here generated mixed...
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wal-mart's president says hiring 100,000 vets over the next five years will help jump start the economy. >> about everybody here started in an entry level job, i did. >> reporter: but elmer who works with returning veterans says wal-mart might include extending the officer including all veterans not just the ones coming home now. >> it's a great way to honor their service. i don't think veterans should have to fight for a job. >> reporter: wal-mart is often criticized for its low paying jobs and treatment of workers. today's announcement will likely help the company's imagine. >>> new at 10:00 tonight an armed robbery inside an east bay home improvement store it happened shortly after 7:00 tonight at the home depot in san leandro on davis street. two men one armed with a handgun held up a cashier. there's no word on how much cash was taken. one person fainted and was taken to the hospital. no one saw the man leave so there's no description of the man. >>> sheriff's deputies found a car parked across from the sonoma state campus in santa rosa last night. deputies say they recognized the
wal-mart's president says hiring 100,000 vets over the next five years will help jump start the economy. >> about everybody here started in an entry level job, i did. >> reporter: but elmer who works with returning veterans says wal-mart might include extending the officer including all veterans not just the ones coming home now. >> it's a great way to honor their service. i don't think veterans should have to fight for a job. >> reporter: wal-mart is often criticized...
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Jan 17, 2013
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economy and japan nikkei was up only slightly and they look to the yen as a good sign for exports. trading yesterday, the dow jones industrial average started today at 13511 and right now it looks like a little bit of a higher opening across the board for all three major index. apple gained more than 4% closed at $500 a share boosting the nasdaq. apple's stock is down 28% from its all-time high last september but the cupertino based company remains worth $471 billion and right now it looks like it will trade up to $2 a share this morning. >>> on the bay area, movies about steve jobs and they are about to premier. >>> a great white shark encounter caught on tape by some nervous fishermen, how long it stuck around their boat. >>> and plus you can get the morning's top stories while you are sleeping send straight to your cell phone at 6:00 a.m. text the word wake up by 70123. iyin)Ñ)ogóçÑóçíç'Ñy?oo . >>> two australian fishermen had a good look at a great white. they were fishing when this big guy circled their boat bouncing along the side of their boat even putting its nose
economy and japan nikkei was up only slightly and they look to the yen as a good sign for exports. trading yesterday, the dow jones industrial average started today at 13511 and right now it looks like a little bit of a higher opening across the board for all three major index. apple gained more than 4% closed at $500 a share boosting the nasdaq. apple's stock is down 28% from its all-time high last september but the cupertino based company remains worth $471 billion and right now it looks like...
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Jan 21, 2013
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president obama said with the tough economy, it is the second term. so a little scaled back. about 800,000 people are expected around the mall and parade route. last time, it was around 1.2 million. >> all right. thank you. stay with us here for continuing coverage of today's inaugural celebration. we'll carry president obama's public swearing in live. we'll 'also stream the events -- we'll also stream the events as well and on mobile ktvu. >>> this could be the year for a major change in california's population. a new report says the hispanic population for the first time may become the largest ethnic group in california. in july, the hispanic population is expected to equal that of the white population. officials think the new trend is due in part to a declining birthrate and also more people moving here. >>> the suspected mastermind of that hoax involving manti te'o is expected to give a tv interview later this weekend. the 23-year-old southern california man described as an acquaintance of manti te'o. in the meantime, manti te'o will appear on "katie couric" on thursday.
president obama said with the tough economy, it is the second term. so a little scaled back. about 800,000 people are expected around the mall and parade route. last time, it was around 1.2 million. >> all right. thank you. stay with us here for continuing coverage of today's inaugural celebration. we'll carry president obama's public swearing in live. we'll 'also stream the events -- we'll also stream the events as well and on mobile ktvu. >>> this could be the year for a major...
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we get a trio of federal reserve officials speaking out on the economy. dow rising 18 points in yesterday's trade and nasdaq slipping by eight. in other news, middle class is tightening their belts. among those making between 50 and $100,000 a year spending declined during the holiday season. that comes amid a lackluster outlook in the job market. the magazine says the most troubles for consumers include not being able to afford medical bills or medications or a reduction in health care coverage and missing a payment on a major bill not including a mortgage. consumer reports say americans will be confronted with a smaller paycheck this month. that's the latest. back to you. >> thank you much. paypal expanding. you can use it to buy the orange dream machine at jamba juice. you will be able to order a dream machine ahead of time on your iphone. not sure what we're seeing here. i don't know. so any way you'll be able to pay with it by paypal and walk into the store and pick it up. one thing i make my kids admit is that it is just ice cream. as long as you do
we get a trio of federal reserve officials speaking out on the economy. dow rising 18 points in yesterday's trade and nasdaq slipping by eight. in other news, middle class is tightening their belts. among those making between 50 and $100,000 a year spending declined during the holiday season. that comes amid a lackluster outlook in the job market. the magazine says the most troubles for consumers include not being able to afford medical bills or medications or a reduction in health care...
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Jan 15, 2013
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the economy very happy to hear that. we saw a better-than-expected rise in retail sales in december up .5% overall from the month of november. that was better than expected given all the stress regarding the "fiscal cliff" threats and when you lock at the best performing category cars and trucks, 1.6% up overall in 2012 the best year for auto sales since 2007. the numbers overall would have been even better if you strip out a 1.6% decline in the price of gas. now, when it comes to that decline in gas prices, that led to lower inflation on wholesale side of the equation. the producer price index fell two-tenths of a percent last month from the month before. overall, wholesale side inflation in 2012 up only 1.3%. that compared to a 4.7% inacross in 2011 falling gas prices certainly helping out at the end of the year. stock market coming off a mixed day and looking at a lower open this morning. continuing concern over techs including apple and iphone 5 demand in the holiday quarter. a look at the big board the dow is down 2
the economy very happy to hear that. we saw a better-than-expected rise in retail sales in december up .5% overall from the month of november. that was better than expected given all the stress regarding the "fiscal cliff" threats and when you lock at the best performing category cars and trucks, 1.6% up overall in 2012 the best year for auto sales since 2007. the numbers overall would have been even better if you strip out a 1.6% decline in the price of gas. now, when it comes to...
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s he has fought to protect the economy. and he is expected to return to california next month. >>> some scary moments for people at three separate gun shows yesterday. here in raleigh, north carolina, a shotgun accidentally fired. he brought it to the gun show to sell s and he didn't unload the ammunition. another man shot himself in the hand. in medina, ohio, the handgun he was checking was loaded when he pulled the trigger and it was discharged. it wounded a bystander in the arm and leg. >>> hundreds of gun activists protested at the capital. ♪ >> the event was one of several pro gun protests nationwide. many of the activists say ban on proposed weapons and high clips are a way to chip away at the second amendment right. they spiked 60% in two years. the press democrat reports firearms dealers in sonoma county sold 700 guns a day. this came touring a crop in crime. >>> no money will be handed out at marin county. because the program ran out of cash. 300 were turned in last week. they gave them the allotted money and the
s he has fought to protect the economy. and he is expected to return to california next month. >>> some scary moments for people at three separate gun shows yesterday. here in raleigh, north carolina, a shotgun accidentally fired. he brought it to the gun show to sell s and he didn't unload the ammunition. another man shot himself in the hand. in medina, ohio, the handgun he was checking was loaded when he pulled the trigger and it was discharged. it wounded a bystander in the arm and...
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horse meat poses no danger to public health but the public relations fallout threatens ireland's rural economy. >>> 8:49. new this morning, cycling star lance armstrong was just stripped of a bronze olympic medal by the olympic committee. he won a bronze medal during the 2000 summer games in australia. for more than ten years, he strongly denied using performance-enhancing drugs. but armstrong fine lip comes clean in a tv interview with oprah that will be broadcast tonight. >>> back here at home the martin luther king, junior festival begins next month for students in oakland schools. students in all grades are eligible to be part of this. they will be competing in several categories, including famous speeches, original poetry and dramatic skits. the deadline to get involved is next friday. winners from the preliminary round, they will be invited to the finals in march. >>> ten minutes before 9:00. >>> playoff fever sweeping the bay area. how the 49er faithful are showing their unwavering support. >>> good morning. if you are driving in certain east bay commutes, definitely not over. we'll tel
horse meat poses no danger to public health but the public relations fallout threatens ireland's rural economy. >>> 8:49. new this morning, cycling star lance armstrong was just stripped of a bronze olympic medal by the olympic committee. he won a bronze medal during the 2000 summer games in australia. for more than ten years, he strongly denied using performance-enhancing drugs. but armstrong fine lip comes clean in a tv interview with oprah that will be broadcast tonight....
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. >>> world bank says the ongoing crisis in washington poses a significant risk to the global economy. home builder confidence holding steady at a seven-year high. taking a live look at the big board. the dow is down 26. the nasdaq up 7. s&p is flat. >>> a chinese factory will start making one model of jeep. chrysler isn't saying which model it will be. but the vehicles made in china will be sold in that country. chrysler sold 50,000 suvs in champion last year. the jeeps will be made by a company that's already building fiats in china and fiat owns chrysler. >>> let's brick up up to date on some of the other top stories we're following for you. we're minutes away from hearing president obama's plan to reduce gun violence. the president will tell us what he wants from congress as ally el -- as well as the executive actions he's prepared to take on his own. the president is tu to speak at 8:55. ktvu will bring it to you live. we'll stream it live at ktvu.com. >>> well, the mayor of london says it's too early to know the exact cause of today's deadly helicopter crash right in the heart o
. >>> world bank says the ongoing crisis in washington poses a significant risk to the global economy. home builder confidence holding steady at a seven-year high. taking a live look at the big board. the dow is down 26. the nasdaq up 7. s&p is flat. >>> a chinese factory will start making one model of jeep. chrysler isn't saying which model it will be. but the vehicles made in china will be sold in that country. chrysler sold 50,000 suvs in champion last year. the jeeps...
SFGTV2: San Francisco Government Television
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Jan 15, 2013
01/13
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and i think the comment was made in each of the economies but in fact what we found, when you have realignment, all 58 counties deciding what to do, if we just look at the incarceration rates across each of the counties, fresno, like county, population demographics to san francisco. and it's a law that impacts on a statewide basis is more sensible than leaving it up to each county because then you'll end up with 58 different styles and methods of criminal justice. >> tal? >> i'm the public defender and it's my job to push the envelope. it's one thing to talk about reducing possession charges from felonies to misdemeanors but i'm not sure that's going to change the color and demographics of the population in county jail. they're out there on the street sometimes selling small amounts of drugs. until we address that problem and expand exponentially. jails will still be filled with poor people and people of color. you're not ending the war on drugs. we need to think of at holistic play as a public-health problem. not as a rush also the people who are selling and people are selling a rock to a pol
and i think the comment was made in each of the economies but in fact what we found, when you have realignment, all 58 counties deciding what to do, if we just look at the incarceration rates across each of the counties, fresno, like county, population demographics to san francisco. and it's a law that impacts on a statewide basis is more sensible than leaving it up to each county because then you'll end up with 58 different styles and methods of criminal justice. >> tal? >> i'm the...
SFGTV2: San Francisco Government Television
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Jan 21, 2013
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the economy is somewhat under $2 trillion. there is dynamic wealth creation in many respects. since the time i was last governor, a lot of people and businesses have moved elsewhere or the have died, gone out of business. also, a lot of people have moved here by the millions. we have 38 million people. people thought the green was here a and we have -- and we have all kinds of businesses. twitter, google, zynga, it is pretty incredible. what has happened. a lot of things going on. our budget, we have a mess, i inherited a budget deficit of $26 billion. we have cut that substantially. from the mortgage meltdown that occurred because of the bad decisions and this behavior throughout our economy, the revenue in california is up 23%. that is a big number. america, the asset values were destroyed, something like $7 trillion. a lot of that was a bubble. that was popped and resulted -- we have had to manage a difficult situation. even before the bubble popping, there was excess. because the money flows in in a regular amounts, when money is good, everybody feels good. when $14 billio
the economy is somewhat under $2 trillion. there is dynamic wealth creation in many respects. since the time i was last governor, a lot of people and businesses have moved elsewhere or the have died, gone out of business. also, a lot of people have moved here by the millions. we have 38 million people. people thought the green was here a and we have -- and we have all kinds of businesses. twitter, google, zynga, it is pretty incredible. what has happened. a lot of things going on. our budget,...
SFGTV2: San Francisco Government Television
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Jan 22, 2013
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we are, indeed, fortunate, from san jose to san francisco, to be part of the innovation economy. we are finally seeing once again california's innovation is leading us out of the last three years of recession. i do not know about you but i am pretty tired of the recession. i made a statement several years ago that it was about time for an adjustment to the economy, things were too expensive, overheated. two years after that, i regretted making that comment. it was great to hear jim say when you look at education, you look at the programs, traveling around the world, that there is one constant. there are people and technology that say this is a place they want to be. entrepreneurs say this is where they want to be. when companies like facebook are started at an institution like harvard and a pier, you start to recognize why this is so special and fiber and why innovation is a bleeding heart economy. so let me try to give some brief introductions about our panel today. i have to confess, i only just met one of our panelists, lee said dyson, the ceo of coverity. she got a ph.d. in p
we are, indeed, fortunate, from san jose to san francisco, to be part of the innovation economy. we are finally seeing once again california's innovation is leading us out of the last three years of recession. i do not know about you but i am pretty tired of the recession. i made a statement several years ago that it was about time for an adjustment to the economy, things were too expensive, overheated. two years after that, i regretted making that comment. it was great to hear jim say when you...
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Jan 19, 2013
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the president inherits the worst economy since the great depression. billions in bailouts save the auto industry and stabilize wall street. where are the jobs? but the star of this show has his enemies, millions of americans turn to the tea party. their mission? stop this president from making fundamental changes, changes they see permanently damaging the u.s. economy. gridlock follows. and the 112th congress passes the fewest bills in 40 years. but in the end, its congressional approval that plunges, now standing at just 14%. the president insisted on higher taxes for the wealthy. part of his campaign designed to cast mitt romney as out of touch. his victory sealed, this president will have a sequel. >> for the united states of america, the best is yet to come. >> the original was a drama. but what the sequel needs is action. to it craft a legacy, this president must bring lawmakers together. cliff after cliff, short-term thinking and political bickering at every turn. dysfunction is ruling washington. but look beyond that and this economy is poised f
the president inherits the worst economy since the great depression. billions in bailouts save the auto industry and stabilize wall street. where are the jobs? but the star of this show has his enemies, millions of americans turn to the tea party. their mission? stop this president from making fundamental changes, changes they see permanently damaging the u.s. economy. gridlock follows. and the 112th congress passes the fewest bills in 40 years. but in the end, its congressional approval that...
SFGTV2: San Francisco Government Television
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Jan 18, 2013
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the impact of all that you do has an impact on our job situation and local economy, and to highlight all of the great work that we can do together to ensure that the sectors that you all represent, the sectors that you work for, that you employ people for connaught is one of the greatest sectors in san francisco. i hope we will take the opportunity of the america's cup to showcase our clubs, our restaurants, our nightlife events. as someone who represents the broadaway neighborhood, an area of town that i used to spend a lot of time in when i was in my 20's -- but actually, very few locals take the time to head to the beach on broadway. our neighborhoods are coming together to say that broadway is open to the rest of the world as well as san francisco. i want to put san francisco back on the map when it comes to music. to make sure that we have the type of entertainment that we used to be renowned for. and those of you that work in our bars and clubs, i want to make sure that we are trading the kind of destinations that we look forward to spending time with you. i know on behalf of m
the impact of all that you do has an impact on our job situation and local economy, and to highlight all of the great work that we can do together to ensure that the sectors that you all represent, the sectors that you work for, that you employ people for connaught is one of the greatest sectors in san francisco. i hope we will take the opportunity of the america's cup to showcase our clubs, our restaurants, our nightlife events. as someone who represents the broadaway neighborhood, an area of...
SFGTV: San Francisco Government Television
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Jan 21, 2013
01/13
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one that is falling behind; and an economy that is growing. it we are looking at 40 percent of the juniors not ready to graduate in a years time, that is a serious problem that we need to address. i believe that these folks -- that is part of the generation that will not be successful in our local economy and we have to make sure that we are supporting san franciscans in this way, making sure people have the skills in the background to get jobs in the future and if we are not successful here we know that they will fall behind the cracks. it's really a no-brainer. we have a lot of wealth in the city. not everybody shares it equally and this is one way we can remedy that. colleagues i hope that you can support the supplemental. >> supervisor wiener. >> supervisor wiener: my position is the same as it was in december when we voted on this. i won't repeat all of those reasons. although the fiscal cliff catastrophe was avoided at least for the moment we still have significant risks at the state and federal level and i am not comfortable appropriati
one that is falling behind; and an economy that is growing. it we are looking at 40 percent of the juniors not ready to graduate in a years time, that is a serious problem that we need to address. i believe that these folks -- that is part of the generation that will not be successful in our local economy and we have to make sure that we are supporting san franciscans in this way, making sure people have the skills in the background to get jobs in the future and if we are not successful here we...
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without actual investment in the economy itself we're not going to see economic growth so just jim let's talk about this piggybacking off of what anthony is saying one of president obama's approach is to fix the economy that's kind of the trickle down economics so we're seeing this huge growth in profits on top on the part of corporations is it trickling down and if it's not why not so you mentioned caterpillar had a record profits and what wasn't mentioned is that caterpillar also instituted wage freezes for a lot of its blue collar workers so even though they're making record profits it doesn't necessarily trickle down now there is there are expectations that there might be more hiring in the future so that still has yet to play out we don't know what this will look like and so. it might not it might be a positive thing in the future but we still have yet to see it play out that if companies don't hold on to their money as reserves that means that they need to be investing in the economy and hiring more workers and you brought up the. the i'm sorry you brought up that that the points a
without actual investment in the economy itself we're not going to see economic growth so just jim let's talk about this piggybacking off of what anthony is saying one of president obama's approach is to fix the economy that's kind of the trickle down economics so we're seeing this huge growth in profits on top on the part of corporations is it trickling down and if it's not why not so you mentioned caterpillar had a record profits and what wasn't mentioned is that caterpillar also instituted...
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Jan 19, 2013
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so it is a large and complex economy. i don't know if you want to talk about the broader economy or not, but we can come back to it if you like. we have been seeing some improvement in the labor market. it is still not where we would like to be. growth has been moderate. there are some positive signs to look at. one of the key positives is housing. as you know, house prices fell about 30% and the amount of construction fell extraordinarily over this recession. now for the first time since 2007 or 2006, we see increases in production. rising house prices will affect household wealth. that is what i hope will be a better year in 2013 and 2014. a few other things that are positive, just to point out, is that state and local governments which had been very contraction remote -- great contraction ary mode, they are in better shape than they were. as a result, they will not be a drag on the academy that they have been in the last few years. -- on the economy that they have been in the last few years. energy. consumers are more
so it is a large and complex economy. i don't know if you want to talk about the broader economy or not, but we can come back to it if you like. we have been seeing some improvement in the labor market. it is still not where we would like to be. growth has been moderate. there are some positive signs to look at. one of the key positives is housing. as you know, house prices fell about 30% and the amount of construction fell extraordinarily over this recession. now for the first time since 2007...
SFGTV2: San Francisco Government Television
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Jan 23, 2013
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what would you like to change about the city's approach to developing the economy? supervisor chu: in some aspects, our economic development is on the right track. if you take a look at some of the successes -- mission bay, for example, has been a success where we have been able to attract biotech corporations to come and headquartere in the city. we are currently building a hospital, and there are a lot of research institutions, and i think that will be a great anchor for the city. the city has worked closely with contractors to figure out how we can do hiring locally. this is through our citybuild program where we help individuals gain the skills needed to work in construction jobs. we have a number of big projects that are really generating the job growth and place for people to be working. so i think that in terms of the pace and number of projects that we have, in terms of identifying some key sectors to attract, in terms of providing rebates for films to come and fill in san francisco and generate additional moneys -- that is something that is a movement in th
what would you like to change about the city's approach to developing the economy? supervisor chu: in some aspects, our economic development is on the right track. if you take a look at some of the successes -- mission bay, for example, has been a success where we have been able to attract biotech corporations to come and headquartere in the city. we are currently building a hospital, and there are a lot of research institutions, and i think that will be a great anchor for the city. the city...
SFGTV2: San Francisco Government Television
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Jan 17, 2013
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under mayor newsom's energetic leadership the economy grew and the city became an economic center for biotech and clean tech. gach newsom has been a trail blaitzer on combating homelessness and protecting the government. in 2007 he was re-elected as mayor with more than 70 percent of the vote, which is unheard of. please welcome our lieutenant governor, gavin newsom. >> my role was to get tom to speak. i'm just going to jump in because i want to keep you all on time. you've got an agenda packet and i'm going to be held accountable if you don't meet it. roslyn, let's pick up on tom's passion. he told me a couple points that are important, that is the consciousness awareness, this growing consciousness around bullying. and it's a question i guess that requires, has bullying gotten worse or have we gotten better to begin to recognize it? >> hard to know. tom and the president refer to as far too often as a rite of passage. we certainly are seeing evidence in ways that i don't recall, the levels of violence, the vitriolic violence, it's not just coming from the back of the school, it's co
under mayor newsom's energetic leadership the economy grew and the city became an economic center for biotech and clean tech. gach newsom has been a trail blaitzer on combating homelessness and protecting the government. in 2007 he was re-elected as mayor with more than 70 percent of the vote, which is unheard of. please welcome our lieutenant governor, gavin newsom. >> my role was to get tom to speak. i'm just going to jump in because i want to keep you all on time. you've got an agenda...
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Jan 15, 2013
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tied to spending cuts in a news conference he said congress needs to act fast to avoid hurting the economy. tim geithner says the nation could run out of money as soon as mid-february. >>> different budget situation for california legislature's nonpartisan budget analysts agrees with the governor after years of multi billion dollar budgets,. >>> after years of fighting doping allegations lance armstrong is coming clean the cycling legend sat down with oprah for an interview this afternoon at his >>> a homeland security warning for your computer. julie watts with the security flaw that could leave you exposed. >> i don't know if it is unprecedented but it is rarely done. >> reporter: he is talking about the homeland security warn ing to disable java software on your computer. hackers are exploiting vulnerables allowing you to be tricked into logging into fake bank siteusing your computer to attack other sites. or call has released a patch but security experts says the not good enough. >> this is one of the ongoing tensions with java it is very old as patches are released and they do plug ce
tied to spending cuts in a news conference he said congress needs to act fast to avoid hurting the economy. tim geithner says the nation could run out of money as soon as mid-february. >>> different budget situation for california legislature's nonpartisan budget analysts agrees with the governor after years of multi billion dollar budgets,. >>> after years of fighting doping allegations lance armstrong is coming clean the cycling legend sat down with oprah for an interview...
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Jan 23, 2013
01/13
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once again might there be more, more, wins behind the economy behind the world economy, i'm going to ask japan in a minute? >> money supply and bank loans to businesses? >> it is all good. >> it has improved a lot. i think the question is, will it continue from here. is the policy going to be better or not. if i told you a year ago the s&p earnings wouldn't grow we talked about it before, some of the models. >> you have to use your judgement. that is why, i'm cherry picking numbers to get your reaction. >> i think from the stock perspective it is the rate of change. housing growth is going to slow some. what we are advocating to get it to china. i like china. it is coming out better. we are finding stocks because the sentiment isn't up. >> in the same, rough, neighborhood, i'm watching japan pump money in and deappreciate the value of the yen, which i think is heading from 100 yens to the dollar from 75. i think that is great and i think that is good for world growth but do you? >> well, it could be. i think we are pretty opt miss trick and agree with you as a firm. there aren't that
once again might there be more, more, wins behind the economy behind the world economy, i'm going to ask japan in a minute? >> money supply and bank loans to businesses? >> it is all good. >> it has improved a lot. i think the question is, will it continue from here. is the policy going to be better or not. if i told you a year ago the s&p earnings wouldn't grow we talked about it before, some of the models. >> you have to use your judgement. that is why, i'm cherry...
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Jan 22, 2013
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economy." >> how we take advantage of it will define the economic success of this city at a very interesting time in our history, after 9/11, post hurricane, dealing with infrastructure challenges and budget deficits. and we need to expand our tax base, and we need to take advantage of what's happening right now. >> reporter: exactly how we take advantage is ripe for debate, but most agree better education and visas for the scientists we train in the u.s. is a good start. and remember what i.b.m.'s myerson said about continuity-- it's just as important to a >> the moment you believe there is no danger of losing your edge is when it disappears on you. >> reporter: suzanne pratt, "n.b.r.," at the watson research center. >> susie: the u.s. needs to make structural changes to restore its competitiveness. that's the main conclusion of an extensive study on american competitiveness by harvard business school professor michael porter. when i talked with him, we began our conversation by discussing wh
economy." >> how we take advantage of it will define the economic success of this city at a very interesting time in our history, after 9/11, post hurricane, dealing with infrastructure challenges and budget deficits. and we need to expand our tax base, and we need to take advantage of what's happening right now. >> reporter: exactly how we take advantage is ripe for debate, but most agree better education and visas for the scientists we train in the u.s. is a good start. and...
SFGTV2: San Francisco Government Television
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Jan 22, 2013
01/13
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and i think the comment was made in each of the economies but in fact what we found, when you have realignment, all 58 counties deciding what to do, if we just look at the incarceration rates across each of the counties, fresno, like county, population demographics to san francisco. and it's a law that impacts on a statewide basis is more sensible than leaving it up to each county because then you'll end up with 58 different styles and methods of criminal justice. >> tal? >> i'm the public defender and it's my job to push the envelope. it's one thing to talk about reducing possession charges from felonies to misdemeanors but i'm not sure that's going to change
and i think the comment was made in each of the economies but in fact what we found, when you have realignment, all 58 counties deciding what to do, if we just look at the incarceration rates across each of the counties, fresno, like county, population demographics to san francisco. and it's a law that impacts on a statewide basis is more sensible than leaving it up to each county because then you'll end up with 58 different styles and methods of criminal justice. >> tal? >> i'm the...
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Jan 22, 2013
01/13
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FBC
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look, is the economy getting better? yes, but at a painful pace. i mean, if it weren't for oil drilling and natural gas prices and fracking and all the things this president despises, the economy would be significantly weaker. to the extent the economy's gotten better, it's not because of the president's policies. it's been despite the president's policies. gerri: well, you know, i'm starting to wonder whether the democrats think that maybe they'll introduce more stimulus because we've already got chuck schumer, senator from new york, staying, we need higher taxes, coming for even more taxes. will they try the old stimulus trick again, a dollar in every pot? >> well, i do think so because that's how they buy votes. look, politicians are political entrepreneurs, supplying the customers. with what? free stuff. that's stimulus. boy, stimulus and this white house and this congress, that's like handing your car keys to lindsey lohan asking her to park your vehicle. doesn't go well. i hope we don't go down that road. the democrats have the power, enough
look, is the economy getting better? yes, but at a painful pace. i mean, if it weren't for oil drilling and natural gas prices and fracking and all the things this president despises, the economy would be significantly weaker. to the extent the economy's gotten better, it's not because of the president's policies. it's been despite the president's policies. gerri: well, you know, i'm starting to wonder whether the democrats think that maybe they'll introduce more stimulus because we've already...
SFGTV2: San Francisco Government Television
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Jan 17, 2013
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of a gentle reminder this is important, in the midst of crazy budgets and real chaos due to the bad economy and some of the massive cuts the schools have endured, this is so important because a student can't learn, we know, a student can't learn if they are fearful. they will skip school, they will not come or when they are there they are not able to concentrate and learn. so a school safety environment is no. 1 and we know that when you have that safe environment it's backed up by respect and trust, students will learn better, they will attend school better and academically they will do well and socially they will do well. so socially we're very concerned about implementing at the ground level these laws tom has led the way in enacting. >> but there are a lot of people who don't think this is an issue, unfortunately, sadly. i know you are a big believer in this in mental health and good physical health and the link to academics. could you talk about that, please? >> all the research points to having a healthy school environment, having health in your life, many students, a quarter of our s
of a gentle reminder this is important, in the midst of crazy budgets and real chaos due to the bad economy and some of the massive cuts the schools have endured, this is so important because a student can't learn, we know, a student can't learn if they are fearful. they will skip school, they will not come or when they are there they are not able to concentrate and learn. so a school safety environment is no. 1 and we know that when you have that safe environment it's backed up by respect and...
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Jan 23, 2013
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it's just not conducive, and we need to create an environment where the economy can thrive and where we get the root of the problem here, and the root of the problem is spending. spending has become a drag on the economy, and spending is becoming a drag on businesses and individuals who want to succeed here in the u.s.. neil: by the way, cowlgd go anywhere we http://s, i say, for instance, lucky not to have him, but the point with this stuff, full disclose sure here, my taxes went up. i was prepared for that. elections have consequences, taxes on the upper income were one of those. i accepted it. i didn't like it, but i accepted it. i would have been better with it if i knew there was a corresponding zeal to cut spending. in other words, for the extra taxes i give and pay, there is a resolve to cut the waste and abuse in government spending, and i don't see that quid pro quo. i feel like i'm doubly srcrewed. it is one thing, you know, to fund this nonsense, you then to get a bill to fund more that is doubly insulting. >> and the american people are just that same mind set. we release
it's just not conducive, and we need to create an environment where the economy can thrive and where we get the root of the problem here, and the root of the problem is spending. spending has become a drag on the economy, and spending is becoming a drag on businesses and individuals who want to succeed here in the u.s.. neil: by the way, cowlgd go anywhere we http://s, i say, for instance, lucky not to have him, but the point with this stuff, full disclose sure here, my taxes went up. i was...
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Jan 22, 2013
01/13
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KGO
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take the risks that make the country great. >> republicans say the president ignored the struggling economy or reducing the deficit but he acknowledged the ongoing partisan challenges facing washington carrying over from the first term. >> we cannot mistake absolutism for principle. or substitute spectacle for politics. or treat name-calling as reasoned debate. >> the president also signaled a shift to a younger america, one that he hopes to tap into for legislative success. >> karen, thank you. inaugural planners and representatives of beyonce are tightlipped this morning about whether she lip synced at the ceremony. ♪ oh, say does that star spangled banner yet wave ♪ >> a marine corps band said beyonce went with prerecorded music. the ban did not play when the audience on the mall heard beyonce but they played for kelly clarkson. >> in california, a temporary waterfront concert facility on pier 27 and 29 for america's cup, with family shows and america's cup events this spring. live nation is sponsoring the pavilion and announced sting is the first headliners performing june 2nd with
take the risks that make the country great. >> republicans say the president ignored the struggling economy or reducing the deficit but he acknowledged the ongoing partisan challenges facing washington carrying over from the first term. >> we cannot mistake absolutism for principle. or substitute spectacle for politics. or treat name-calling as reasoned debate. >> the president also signaled a shift to a younger america, one that he hopes to tap into for legislative success....
SFGTV: San Francisco Government Television
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Jan 15, 2013
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the first is to continue to encourage the growth in the economy by extending the life for review and approval for permit applications for large projects from 360 to 720 days, clarifying the time limitations for permit processing so that it begins when the permit is provided to dbi for review and the clock stops when it is returned to planning for a design change that is required by the building department. extending the period of time for dbi to notify a project sponsor before a permit is canceled, and extending the time for completing all the work authorized by a building permit. the second objective was to correct a publication error for the fees associated with 3r reports. this error occurred during the last code cycle when it was published. and the final is to reduce fees for copying plans to the levels consistent with the sunshine task force's recommendations. this legislation was unanimously approved by the building inspection commission in march of 2012. i'll be glad to answer any questions. >> i see no questions -- supervisor cohen. >> hi, good afternoon, pam. i have a quick
the first is to continue to encourage the growth in the economy by extending the life for review and approval for permit applications for large projects from 360 to 720 days, clarifying the time limitations for permit processing so that it begins when the permit is provided to dbi for review and the clock stops when it is returned to planning for a design change that is required by the building department. extending the period of time for dbi to notify a project sponsor before a permit is...